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NYMT: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 1.49%.However, over the last six months, we can see a stronger performance of -1.28%. Over the last 30 days, the price of NYMT has fallen by 4.59%. And in the last five days, it has surged by 0.49%.

New York Mortgage Trust Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $7.64 on 02/16/24 and the lowest value was $5.14 on 10/29/24.

52-week price history of NYMT Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. New York Mortgage Trust Inc’s current trading price is -19.45% away from its 52-week high, while its distance from the 52-week low is 19.65%. The stock’s price range during this period has varied between$5.14 and $7.64. The New York Mortgage Trust Inc’s shares, which operate in the Real Estate, saw a trading volume of around 0.35 million for the day, a figure considerably lower than their average daily volume of 0.72 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

New York Mortgage Trust Inc (NYMT) has experienced a quarterly rise of 6.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 557.07M and boasts a workforce of 79 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.96, with a change in price of -0.59. Similarly, New York Mortgage Trust Inc recorded 727,578 in trading volume during the last 100 days, posting a change of -8.75%.

NYMT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NYMT stands at 4.93. Similarly, the long-term debt-to-equity ratio is also 2.43.

NYMT Stock Stochastic Average

New York Mortgage Trust Inc’s raw stochastic average for the past 50 days is presently 57.91%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 82.35%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 65.93% and 71.83%, respectively.

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